805 CYPRESS ST new

Orlando,FL 32824

$ 1239000

- Bed

0 Bath

968 SqFt


Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

Square Footage 968 sqft

Price per Sqft $1,279

Subdivision Spahlers Add

MLS Listing ID O6309833

Construction Status Completed

HOA Y/N No

Year Built 1945

Annual Tax Amount $4,287

Lot Size 0.300 Acres

Acres 0.3

Property Sub-Type Business

Source Stellar MLS

Property Description

Amazing Instant Income Producing Opportunity!! There are two independent used auto sales businesses on one property. The well-maintained .30 acre lot, boasts over 100 feet of frontage to S. Orange Ave. and is zoned C-3. The future land use is very flexible. Location is highly visible, S. Orange Ave. is traveled by over 33,000 vehicles daily. The location is just minutes to the Auto Auction, Downtown Orlando, Orlando International Airport and all major highways The main building has been fully updated; New Roof, including decking 2023, updated siding, security lighting, central air, fully fenced, fresh paint, flooring and an office access ramp. Many updates have been done since last listed. Lot A holds 25-30 cars and Lot B holds 35-45 cars?.. There is one current tenant with a renewed lease that would like to stay but there is a 60 day clause to end the leases if the new owner would like to occupy the property or renegotiate the leases for a higher rate. ?The second tenant has a lease that ends May 31st.T?There is a great opportunity to increase the rent or for the new owner to use the space. The property produces a 7 CAP. The seller is ?m?otivated so Bring All Offers!!

Location

State FL

County Orange

Community Spahlers Add

Area 32824 - Orlando/Taft / Meadow Woods

Zoning C-3

Interior

Heating Central

Cooling Central Air,Wall/Window Unit(s)

Flooring Linoleum,Tile,Vinyl

Exterior

Utilities Available BB/HS Internet Capable,Electricity Available,Phone Available,Public,Sewer Nearby

Roof Type Shingle

Building

Lot Description City Limits,Sidewalk

Foundation Slab

Lot Size Range 1/4 to less than 1/2

Sewer Septic Tank

Water Public

Structure Type Block,Vinyl Siding,Frame

New Construction false

Construction Status Completed

Others

Ownership Sole Proprietor

Acceptable Financing Cash,Conventional,Lease Option,Lease Purchase,Special Funding

Listing Terms Cash,Conventional,Lease Option,Lease Purchase,Special Funding

Special Listing Condition None

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